MADE IN TAIWAN LABELS ON
PRODUCTS TO AVOID ANGERING
CHINA.
JOINING ME NOW IS DAN HENNINGER,
"WALL STREET JOURNAL" COLUMNIST
AND FOX BUSINESS CONTRIBUTOR.
DAN, GREAT TO SEE YOU.
I REALIZE WE DON’T LOOK TO WOKE
CORPORATE BOARDS FOR LESSONS OR
DISPLAYS OF COURAGE.
HOWEVER, THIS IS, THIS IS
LOWERING THE BAR ON ANY KIND OF
DISPLAYS OF COURAGE OR REALLY
GIVING WAY TO SNIVELING
COWARDICE THE LIKES OF WHICH
I’VE NEVER SEEN FROM
CORPORATIONS.
>> YEAH, IT’S PRETTY
EMBARRASSING FOR THEM TO
BASICALLY BE THROWING TAIWAN
OVER THE SIDE LIKE THIS AT THE
MOMENT WHEN THE CHINESE ARE
THREATENING THE WAY THEY ARE.
NO SURPRISE WE DON’T LOOK FOR
NATIONAL SECURITY LEADERSHIP
FROM CORPORATIONS, BUT IT IS
TRUE, I THINK, THAT THERE’S BEEN
AN AWAKENING AMONG MANY AMERICAN
COMPANIES.
INVESTORS ARE REDEPLOYING SOME
OF THEIR ASSETS OUT OF CHINA.
THERE IS TALK OF TRYING TO FIND
OTHER MANUFACTURING HUBS WHETHER
IT’S SOUTHEAST ASIA OR EVEN IN
CENTRAL AND SOUTH AMERICA.
THE TAIWAN EXERCISES BY THE
CHINESE MILITARY MAKE IT CLEAR
THAT THIS PROCESS IS GOING TO BE
GOING UNDERWAY, AND NO MATTER
WHAT APPLE AND THE OTHERS DO
WITH TAIWAN, IT’S THE
UNAVOIDABLE THAT THEY’RE GOING
TO HAVE TO REDEPLOY SOME OF THE
MANUFACTURING OUT OF CHINA.
DAVID: JUST ONE MORE POINT
THOUGH ABOUT THESE CORPORATIONS,
THESE ARE THE SAME WOKE
CORPORATIONS THAT BASED ON LIES
WERE CALLING FOR THE BOY --
BOYCOTT OF GEORGIA AFTER THE
VOTING LAW BASED ON PURE LIES
ABOUT WHAT THAT LAW WAS.
SO THEY LIE TO AMERICA AND THEN
THEY ALSO LIE TO HELP THE
COMMUNIST CHINESE.
SOMETHING IS VERY WRONG HERE.
>> OH, THAT’S FOR SURE.
I MEAN, AFTER MAJOR LEAGUE
BASEBALL PULLED THE ALL-STAR
GAME OUT OF ATLANTA, I WROTE A
COLUMN, BOYCOTT BASEBALL.
DAVID: I REMEMBER.
>> IT’S GOTTEN TOO POLITICAL.
I SOPPED WATCHING IT.
SO NOW -- STOPPED WATCHING IT.
THE NBA IS DEEPLY INVOLVED IN
CHINA, NONETHELESS YOU HAVE
BRITTNEY GRINER SENTENCED TO 9
YEARS IN PRISON IN RUSSIA.
DOES MIN THINK THAT THE CHINESE,
XI JINPING, WOULDN’T DO
SOMETHING SIMILAR IF HE THOUGHT
IT WAS IN HIS INTEREST?
IT IS ESPECIALLY CRAVEN FOR THE
NBA TO BE CONTINUING THIS
ASSOCIATION WITH THE COMMUNIST
PARTY WHEN THEY’VE GOT A STAR
URN AN AUTOCRATIC REGIME IN
RUSSIA FACING 9 YEARS IN PRISON.
IT REALLY IS NOT SUSTAINABLE.
DAVID: THERE’S ANOTHER THING
THAT MAKES IT IL LOGICAL IN THE
LONG RUN BECAUSE THERE WAS A
TERRIFIC PIECE IN YOUR "WALL
STREET JOURNAL" OVER THE WEEKEND
SAYING THAT THE ENTIRE WORLD
COULD GO INTO A DEEP DEPRESSION.
NOT JUST A RECESSION.
IF, IN FACT, CHINA INVADES
TAIWAN.
SO WHILE U.S. CORPORATIONS SEEM
TO BE ON CHINA’S SIDE IN TERMS
OF THE TAIWAN DISPUTE, WE COULD
ALL END UP A LOT POORER IF, IN
FACT, CHINA DOES INVADE TAIWAN.
>> YEAH, LES NO QUESTION ABOUT
IT -- LES NO QUESTION ABOUT IT,
WE WOULD.
ALL BETS WOULD BE OFF, AND THE
REDEPLOYMENT OF ASSETS WOULD BE
EXTRAORDINARY.
I’M NOT SO SURE THIS IS ABOUT
ACTUALLY INVADING TAIWAN.
I I I THINK WHAT WE’RE SEEING IS
AN EXTRAORDINARY DISPLAY OF
MIGHT BY XI JINPING IN ADVANCE
OF THAT BIG COMMUNIST PARTY
MEETING THIS FALL WHERE HE IS
GOING TO CONSOLIDATE POWER.
LOOK WHAT’S BEEN GOING ON IN
CHINA, ONE CRACKDOWN AFTER
ANOTHER.
THEY CRACK DOWN ON THEIR OWN
TECH COMPANIES LIKE ALIBABA,
THEY CAPTURED HONG KONG, THE
EXTRAORDINARY COVID SHUTDOWNS
AROUND THE COUNTRY AND NOW THIS
REACTION WAY OUT OF SCALE TO
NANCY PELOSI’S VISIT IN TAIWAN
OF MILITARY MIGHT AROUND TAIWAN.
XI IS SHOWING THE WORLD THAT
HE’S IN CONTROL, HE’S SHOWING
THE CHINESE THAT HE’S IN
CONTROL, AND THE QUESTION IS HOW
FAR IS HE WILLING TO GO.
WHENEVER YOU GET INVOLVED IN A
TRIP WIRE LIKE THIS, YOU ARE
PLAYING WITH BIG DANGER.
DAVID: WELL, I TALKED TO ONE OF
THE HOURS OF THAT ARTICLE IN THE
JOURNAL ABOUT THAT EARLIER
TODAY.
HE SAID THERE IS A POSSIBILITY,
IT MAY BE FARFETCHED, HANK
GOODNESS -- THANK GOODNESS, BUT
THERE IS A POSSIBILITY THERE MAY
EVEN BE A PREEMPTIVE STRIKE
AGAINST ONE OF THE U.S. BASES IN
THE FAR EAST, OKINAWA, GUAM OR
SOMEWHERE ELSE, WHERE OUR FORCES
ARE CONCENTRATED.
IF THAT HAPPENS, KATIE BAR THE
DOOR.
THAT’S WORLD WAR III.
>> YEAH.
WELL, I READ THAT ARTICLE IN THE
"WALL STREET JOURNAL" THIS
WEEKEND, AND HE’S RIGHT ABOUT
THAT.
BUT I THINK THEY ALSO A MADE THE
POINT THAT THIS WOULD NOT BE A
CAKE WALK FOR CHAI A MA IF THEY
WERE TO DO SOMETHING LIKE
THAT -- CHINA.
THEY ACTUALLY WENT ACROSS THE
LINE AND ATTACKED TAIWAN WITH
ITSELF OR U.S. MILITARY IN THE
SOUTH PACIFIC, IT WOULD BE A
VERY DIFFICULT DAY THING FOR
THEM TO SUCCEED.
THERE’S A LOT OF CYBER WARFARE
AS THAT ARTICLE NOTED THAT WE
COULD DETHE PLOY AGAINST THE
CHINESE.
THEY WOULD BE UNDERTAKING
SOMETHING I’M NOT SURE, AS I WAS
JUST SUGGESTING, XI JINPING
WANTS TO DO AHEAD OF THAT BIG
COMMUNIST PARTY MEETING FALL.
HE WANTS TO CONSOLIDATE HIS
POWER, AND I DON’T THINK HE
NEEDS TO BE AT WAR WITH THE
UNITED STATES WHILE HE’S TRYING
TO DO THAT.
DAVID: FINAL QUESTION, DAN, IS
XI ACTING NOW BECAUSE HE
REALIZES THAT EXTRAORDINARY MEEK
AND MISMANAGE ADMINISTRATION
WON’T BE IN POWER FOR A SECOND
TERM?
>> I COMPLETELY AGREE WITH THAT,
DAVID.
I MEAN, WHAT WE HAVE SEEN OVER
THE PAST WEEK OR SO WAS SO MANY
PROGRESSIVE DEMOCRATS LIKE JERRY
NADLER, CAROLYN MALONEY NOT
BEING ABLE TO SAY THEY WOULD
SUPPORT JOE BIDEN.
IT EFFECTIVELY MAKES HIM A LAME
DUCK TWO YEARS BEFORE THE
PRESIDENTIAL ELECTION.
AND I AGREE, I THINK XI JINPING,
VLADIMIR PUTIN AND THE IRANIAN
MULLAHS ARE ALL LOOKING AND
RECALCULATING WHAT THEY CAN GET
AWAY WITH WHEN A PRESIDENT OF
THE UNITED STATES IS NOT BEING
SUPPORTED BY HIS OWN PARTY.
WE’RE HEADING INTO A VERY